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Meats Futures Prices

Tue, Oct 16th, 2018
[[ timeframe ]] futures price quotes as of Tue, Oct 16th, 2018.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
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cmdty Insider - Ag Market Commentary

Tue Oct 16, 12:06PM CDT
Lean hog futures are mostly $1 to $1.15 higher in the nearby contracts on Tuesday. The CME Lean Hog Index was down 24 cents from the previous day @ $68.75 on October 12. The USDA pork carcass cutout value was 45 cents higher in the Tuesday morning report at $81.95. The national base hog carcass value was 46 cents lower at a weighted average of $59.80 on Tuesday morning. FI hog slaughter was estimated at 459,000 head on Monday. That was down 14,000 head from last week but 14,000 head more than the same week last year.Dec 18 Hogs are at $57.750, up $1.000,Feb 19 Hogs are at $64.950, up $1.050Apr 19 Hogs are at $70.000, up $1.150--provided by Brugler Marketing & Management, Call (402) 289-2330
Tue Oct 16, 12:06PM CDT
Live cattle futures are down 10 to 85 cents in the front months on Tuesday. Feeder cattle futures are trading 65 cents to $1.20 lower at midday. The CME feeder cattle index was down $1.22 on October 12 at $156.26. Wholesale boxed beef prices were higher on Tuesday morning. Choice boxes were up 52 cents @ $205.32, with Select up 95 cents to $192.84. FI cattle slaughter on Monday was estimated at 119,000 head. That is 5,000 above the previous week and 8,000 head larger than last year. Wednesday’s FCE will show 1,103 head for sale on their weekly auction. Ahead of Friday’s Cattle on Feed report, analysts are expecting to see September placements just 0.1% larger than last year at 2.152 million head. Marketings in that month are seen down 3% at around 1.73 million head.Oct 18 Cattle are at $112.550, down $0.825,Dec 18 Cattle are at $117.350, down $0.625,Feb 19 Cattle are at $121.575, down $0.125,Oct 18 Feeder Cattle are at $154.000, down $1.100Nov 18 Feeder Cattle are at $154.100, down $1.125Jan 19 Feeder Cattle are at $149.850, down $0.675--Call Brugler Marketing & Management @ (402) 289-2330 with questions or news tips.
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